Ratings On U.S. Airlines Placed On CreditWatch Negative; Fuel Prices Cited - S&P Global Ratings’ Credit Research

Ratings On U.S. Airlines Placed On CreditWatch Negative; Fuel Prices Cited

Ratings On U.S. Airlines Placed On CreditWatch Negative; Fuel Prices Cited - S&P Global Ratings’ Credit Research
Ratings On U.S. Airlines Placed On CreditWatch Negative; Fuel Prices Cited
Published May 22, 2008
Published May 22, 2008
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (Standard&Poor's) May 22, 2008--Standard&Poor's Ratings Services said today that it placed its ratings on nine U.S. airlines on CreditWatch with negative implications, citing the potential severe financial damage from unprecedented high jet fuel prices. A 10th rated airline, Northwest Airlines Corp. (and its Northwest Airlines Inc. subsidiary, both rated B+/Watch Neg/--) is already on CreditWatch in connection with its proposed merger with Delta Air Lines Inc. (B/Watch Neg/--), whose CreditWatch status was revised to negative from positive. The other airlines placed on CreditWatch are AirTran Holdings Inc. (B-/Watch Neg/--), Alaska Air Group Inc. and its Alaska Airlines Inc. subsidiary (both rated B+/Watch Neg/--), AMR Corp. (B/Watch Neg/B-3) and its American Airlines Inc. subsidiary (B/Watch

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Airlines (20302010)
Sector
Global Issuers , Public Finance , Structured Finance
Country
Region
Format:
PDF Adobe Acrobat
Buy Now

AMR Corp. – 2008/09/29 – US$ 500.00

Summary: AMR Corp. – 2008/09/29 – US$ 225.00

Summary: AMR Corp. – 2009/03/30 – US$ 225.00

Summary: AMR Corp. – 2008/05/21 – US$ 225.00

AMR Corp. – 2008/04/04 – US$ 500.00

Summary: AMR Corp. – 2008/04/04 – US$ 225.00

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Ratings On U.S. Airlines Placed On CreditWatch Negative; Fuel Prices Cited" May 22, 2008. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Ratings-On-U-S-Airlines-Placed-On-CreditWatch-Negative-Fuel-Prices-Cited-649981>
  
APA:
S&P Global Ratings’ Credit Research. (). Ratings On U.S. Airlines Placed On CreditWatch Negative; Fuel Prices Cited May 22, 2008. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Ratings-On-U-S-Airlines-Placed-On-CreditWatch-Negative-Fuel-Prices-Cited-649981>
  
US$ 150.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Residential Mortgage-Backed Securities from one place.